RIYADH — The government is currently considering to allow expatriates to invest in free trade against an annual income tax of about 20 percent, business daily Al-Eqtisadiah reported on Sunday. A number of transactions were limited to the Saudis, which gave rise to the phenomenon of tasattur (doing business in the name of Saudis against certain fees) that has caused …
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RIYADH: Saudi Arabia is moving toward achieving its ultimate goal of becoming not only a world leader, but also an exporter of renewable energy with government investments of $30-$50 billion by 2023. As the Kingdom moves to reduce its reliance on oil as the main source of energy, turning the National Renewable Energy Program’s (NREP) objectives into reality is increasingly …
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RIYADH: Riyadh celebrates its first Saudi Women’s Day, which started on Wednesday and will last for three days, with a large turnout expected. The event, organized and hosted by the King Fahd Cultural Center in Riyadh, will include women’s operetta for a female audience only. “We want to celebrate the Saudi woman and her successful role, and remind people of …
Read More »This refers to the report “Governor among 20 killed in Afghan blast” (Oct. 9). When a crazy pastor tried to burn the Qur’an, we protested rightly to express our anger. However, we don’t realize that every time a mosque is attacked by a suicide bomber, it not only kills the worshippers, but also brings destruction to the mosque, and, in …
Read More »While a large number of people expressed that the US President Barack Obama did not deserve the Nobel Peace Prize, I am among one of those very few people who defended it saying that this was done on a hire-purchase system — “buy now and pay later.” But I am terribly disappointed since the president of the sole superpower has …
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